What is a Binance Coin Wallet?
If you're new to crypto, you may be wondering what a Binance Coin wallet is and how to get one. Let's take a look.
A Binance Coin wallet is a unique identifier used to identify you as the owner of your crypto. It has both a public address and a private key. The public address works much like a bank account number; you can freely share it and use it to transfer funds to your BNB wallet. The private key is used to access your crypto, and anyone who has it can access your funds.
You must keep your private key safe, since anyone with access to it can access your crypto. Protecting your private key helps prevent unauthorised access to your wallet; it does not protect against changes in Binance Coin's value or other risks associated with holding cryptoassets.
A BNB wallet lets you receive, store, and manage Binance Coin from your Paybis account, without needing separate wallet software.
Figures and examples referenced on this page are for illustrative purposes only and may not reflect current live data.
Identity Verification Required
KYC checks are usually completed within minutes. UK customers must complete additional mandatory steps, including a 24-hour cooling-off period, before making their first transaction. The process is not immediate, and access depends on successful completion of each required step.
How to Get a Binance Coin Wallet in the UK
To get a free Binance Coin wallet at Paybis:
- Log in to your Paybis profile, or sign up if you don't already have one.
- Click the "Wallets" tab or the "Open wallet" button.
- Select "Add wallet" to get your free BNB wallet.
UK customers must complete additional mandatory steps, including a 24-hour cooling-off period, before making their first transaction. See "Identity Verification Required" above.
Your BNB wallet is ready to use, and you can always access it from your Paybis profile. There's no need for additional technical setup or hardware devices.
How to Use Your BNB Wallet
Now that you know what a Binance Coin wallet is and how to get one, here's how to use it to receive, store and manage your crypto.
Your Binance Coin wallet has a public address, click the Deposit button to see it. Use this address to add funds directly from another wallet or exchange. All deposits and balances can be verified on-chain.
If you choose to buy Binance Coin from us, you don't need to copy your BNB wallet address, just select Paybis wallet from the menu. Any purchase remains subject to eligibility, verification, payment approval, service availability and transaction limits.
You can send your crypto to another wallet. Paybis does not charge a separate withdrawal fee; blockchain network fees are payable, may vary, and are shown before you confirm the transfer. See our breakdown of fees for details.
Scroll back up to explore this wallet's features.
FAQ
What is a Binance Coin wallet address?
Your BNB wallet address is the public part of your wallet, used to receive Binance Coin. You can share it freely, unlike your private key, which you should keep secret.
How do I choose a Binance Coin wallet?
Consider factors such as how the wallet stores your private key (custodial or non-custodial), accessibility, and whether it places any restrictions on your funds. Read our article on the risks associated with custodial wallets before choosing.
Can I store other cryptocurrencies in my Paybis BNB wallet?
Yes. The Paybis Wallet lets you hold multiple cryptocurrencies within the same account, including Binance Coin.
How do I send BNB to another wallet?
Use the recipient's public wallet address to send BNB. Sending is subject to standard blockchain confirmation, and applicable network fees are shown before you confirm the transfer.
